The Federal Department of Education requires that all educational institutions that receive federal Title IV funds use the federal formula for determining the financial aid to be offered to their students. Financial need is defined as the difference between the estimated expenses of studies (cost of education) and how much is the expected family contribution (EFC) of the student’s family to subsidize the educational expenses of the student.

If the cost of education is greater than the expected family contribution, the student may be financially eligible for all financial aid programs subject to need. On the contrary, if the cost of education is less than the expected family contribution, the student is ineligible due to financial need for financial assistance programs subject to need.

After receiving your offer indicating the aid for which you were eligible, you can review the tuition costs at the following address. The Collections Office can guide you on your payment balance (if applicable).

The federal Pell Grant money limit that a student can receive is equal to six academic years or 600%. Once you reach the maximum usage time, you will not be eligible to receive this help again. Through the National Student Loan Data System, you can verify your percentage of scholarship consumed at the following address: https://www.nslds.ed.gov/nslds_SA/

The FAFSA application must be completed before the beginning of the academic year and / or as soon as it has your or your parent’s income information.

FTC must have the results of the application by the last day of the academic calendar, before your last day of attendance, in mid-September of each year; the thing that happens first. If FTC does not receive the information electronically, it must deliver the SAR response to the Financial Aid office. This document and the ISIR have the EFC that will be used to determine your financial aid eligibility.

The Federal Department of Education has a process for verifying applications and making corrections. The Central Processing System (CPS) selects the applications that will go through the verification process. You must deliver or send the documents requested by the Financial Aid Office on time. The verification process is considered completed once the student submits all the information required in the Economic Assistance Office and it certifies that there is no conflicting information and/or data. Once the process is completed, the student will be able to receive the offers and disbursements of aid for which they are eligible.

If you live with both parents, you must submit the state (Florida) or federal return for both.